Monthly Archives: <span>February 2016</span>

Suspension of Insurance Carrier Lifted in Alaska, Oregon

Insurance regulators in Alaska and Oregon announced that a company that had been suspended from offering health insurance policies in the states over concerns with its financial condition will be allowed to resume that business. The Alaska Division of Insurance …

Holborn Taps Gould Rabin as Senior VP in New York City

Holborn, an independent reinsurance broker based in New York City, has hired Stephanie Gould Rabin as senior vice president.

Drug Price Transparency Bill Stalls in Virginia General Assembly

Legislation to make drug makers reveal how much they spend marketing high-priced drugs has stalled in the Virginia General Assembly, at least for this year. Virginia state senators said the bill wasn’t ready for prime time, but was an issue …

Generali Names Galateri as Interim CEO After Greco Departs for Zurich Insurance

Assicurazioni Generali SpA appointed its Chairman Gabriele Galateri, as acting chief executive officer after CEO Mario Greco decided to quit Italy’s biggest insurer to become the head of Zurich Insurance Group AG. The company’s board approved the termination of Greco’s …

The Hilb Group Acquires Dowling & O’Neil in Massachusetts

The Hilb Group, a middle market insurance agency based in Richmond, Virginia, announced Tuesday that it has acquired Dowling & O’Neil, an independent agency in Hyannis, Massachusetts. Terms of the transaction were not disclosed. Founded in 1841, Dowling & O’Neil …

Florida Completes $1.2B Revenue Bond Sale

Florida completed a $1.2 billion in revenue bond sale on Feb. 8 issued by the State Board of Administration Finance Corporation, formerly known as the Florida Hurricane Catastrophe Fund (FHCF). The fund is designed to help private insurers pay claims …

Preferred Mutual Hires Forstenzer as General Counsel in New York

Preferred Mutual Insurance Company in New Berlin, New York, has hired Andrew Forstenzer as general counsel.

Safety National Adds Safe Patient Handling Program for Healthcare Clients

Safety National Casualty Corp. has released its Safe Patient Handling Evaluation Resource – a tool that helps evaluate healthcare facilities’ safe patient handling and mobility (SPHM) programs. Safety National has partnered with Atlas Lift Tech to add this complimentary resource …

Study: Among Indiana Cities Terre Haute Has Fewer Driving Deaths

A consumer advocacy organization says Terre Haute is the Indiana city with the fewest distracted and drunken driving fatalities. The Tribune-Star reports that ConsumerAffairs conducted a nationwide study using the latest available data from 2014 National Highway Traffic Safety Administration …

Focused on Energy Sector, Everest Insurance Opens Houston Office

Hamilton, Bermuda-based Everest Re Group Ltd. has opened an Everest Insurance office in Houston as part of its strategic plan to strengthen its presence in the Southern region, and in particular, in the energy corridor. Everest Insurance now has 17 …